
233 Arlington St Medford — Photo 1 of 4
Recent Drop: $90,000
$975,000
Investment Analysis — 233 Arlington St
Medford, MA 02155
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02155 carries an estimated $6,910/mo in gross rent — about a 5.64% cap rate and $54,955/yr in estimated NOI at the $975,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,041
Style
Multi Family
Built
1920
Welcome to 233 Arlington Street in desirable West Medford—a rare opportunity to own a two-family home that has been cherished by the same family for more than 40 years and is now ready for its next chapter. Whether you're a contractor, investor, or homeowner looking to restore and personalize a classic property, this home offers tremendous potential in one of Medford's most sought-after neighborhoods.Perfectly situated just steps from the Mystic River and the Mystic Lakes, you'll enjoy easy access to scenic walking, biking trails and kayaking, Nearby parks feature tennis courts, pickleball courts, basketball courts, and a children's playground, making this an ideal location for active lifestyles and families alike.Commuters will appreciate the exceptional convenience of being just minutes from Tufts University, West Medford Square, the West Medford MBTA (green line), Commuter Rail Station, and MBTA bus routes, providing easy access to Boston and surrounding communities. Major highways are also nearby, making travel throughout Greater Boston effortless.The property also includes off-street parking and a detached garage, adding valuable convenience. Combining an unbeatable location, abundant neighborhood amenities, and endless possibilities for renovation or investment, 233 Arlington Street is a rare opportunity to own in one of Medford's most desirable communities.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$975,000
Was $1,065,000
Aug 11, 2026
MLS® 73555449
$1,065,000
Jul 27, 2026
MLS® 73555449
Listing Agent: Johnny Ruiz
Listing Office: Centre Realty Group
MLS® Number: 73555449